Portland, OR -- (SBWire) -- 07/27/2017 --N-butanol forms an important feedstock for manufacturing chemicals such as butyl acrylate, glycol ethers, butyl acetate and plasticizers. It serves an important element in making direct solvent for varnishes, paints, coatings, resins, camphor, dyes, fats vegetable oils, waxes, shellac, rubbers, and alkaloids and among various industrial applications.

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On the basis of application, the market is segmented into butyl acrylate, glycol ethers, butyl acetate, direct solvent, plasticizers among others. On the basis of geography, the market is segmented into North America, Europe, APAC and Latin America, Middle East & Africa (LAMEA).Maintaining a low economy of scale for small capacity plants along with fluctuations in raw material prices are the key market challenges that will hamper the growth of the market.

Key market players in this market are BASF SE, The Dow Chemical Company, BASF-YPC Ltd., OXO Corporation, Sasol Ltd., Formosa Plastics Corporation, Eastman Chemical Company, Oxichimie SAS, KH Neochem Co. Ltd and CNPC.

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KEY MARKET SEGMENTS:

By Application

-Butyl Acrylate
-Glycol Ethers
-Butyl Acetate
-Direct solvent
-Plasticizers
-Others

By Geography

-North America
-Europe
-APAC
-LAMEA

Key Company Profile

-BASF SE
-The Dow Chemical Company
-BASF-YPC Ltd., OXO Corporation
-Sasol Ltd.
-Formosa Plastics Corporation
-Eastman Chemical Company
-Oxichimie SAS
-KH Neochem Co. Ltd
-CNPC